Nissan Motor Co Ltd

Earnings data Q4 2020

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Nissan Motor Co., Ltd. engages in the manufacture and sale of automotive products and marine equipment. It operates through the Automobile and Sales Financing 6segments. The Automobile segment manufactures and sells vehicles, forklift, marine equipment, and related parts. The Sales Financing segment handles sales finance and leasing business to support the sales activity of automobile business. The company was founded on December 26, 1933 and is headquartered in Yokohama, Japan.

Nissan Motor Co's  nominations committee will discuss potential successors for Hiroto Saikawa at a meeting on Monday, a source said, as pressure deepened on the embattled chief executive after he admitted to improper compensation.

Nissan to discuss CEO Saikawa's successors at meeting on Monday: source

Nissan Motor Co's  nominating committee will discuss potential successors for Chief Executive Hiroto Saikawa at a meeting on Monday, after he privately signaled his readiness to resign, a source with knowledge of the matter said.

Nissan to discuss Saikawa successors at meeting on Monday: source

Nissan  Chief Executive Hiroto Saikawa said he wanted to "pass the baton" to the next generation as soon as possible, the Nikkei newspaper reported on Monday, as speculation mounted he could announce his resignation from the troubled automaker.

Nissan's Saikawa says he wants to 'pass the baton' as soon as possible: Nikkei

Nissan Motor Co  Chief Executive Hiroto Saikawa has told some executives he plans to resign, the Nikkei newspaper reported on Sunday, as he faces increasing pressure over corporate governance.

Nissan CEO Saikawa tells some executives he plans to resign: Nikkei

Nissan Motor Co  is considering pulling out of South Korea, the Financial Times reported on Friday, as political and trade tensions between Japan and South Korea have caused sales of Japanese products in the neighboring country to plummet.

Japan's Nissan mulls pulling out of South Korea as trade tensions rise: FT

Nissan Motor Co  is not currently considering asking embattled CEO Hiroto Saikawa to resign, two people with knowledge of the matter told Reuters on Friday, a day after he admitted to being overpaid in violation of internal procedures.

Nissan not currently considering asking CEO Saikawa to resign: sources

Nissan Motor Co was embroiled in another scandal over executive pay on Thursday after Chief Executive Hiroto Saikawa admitted to being overpaid in violation of internal procedures under a scheme designed by ousted Chairman Carlos Ghosn.

Nissan probe finds CEO Saikawa, other executives overpaid: source

An internal probe at Nissan Motor Co has determined that Chief Executive Hiroto Saikawa and multiple other executives had received excess stock performance-related compensation in violation of company rules, a source said on Thursday.

Nissan CEO, others received excess compensation in violation of rules: source

Nissan Motor Co  Chief Executive Hiroto Saikawa admitted to misconduct involving stock-related compensation and said he planned to return the portion he had wrongfully received, Jiji news agency reported.

Nissan CEO Saikawa admits to misconduct in compensation: Jiji

A senior Renault-Nissan executive has quit the troubled carmaking alliance to join Peugeot maker PSA Group , blaming Renault boss Thierry Bollore for forcing his exit.

Executive's flight to PSA highlights Renault-Nissan tensions

Fiat Chrysler

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Nissan Motor’s shares are trading 51% below their book value, paying 8.6% dividend.

Nissan, Honda, Fiat, And Daimler Trade At Deep Discount, Paying Hefty Dividends -- Should You Buy?

Let's see if Nissan Motor (NSANY) stock is a good choice for value-oriented investors right now from multiple angles.

Is Nissan Motor (NSANY) a Good Stock for Value Investors?

Nissan Motor Co's  premium brand Infiniti said it has named Taisuke Nakamura as its new design chief, replacing Karim Habib who resigned from the post.

Nissan's Infiniti names new design chief as another non-Japanese executive exits

Bayerische Motoren Werke AG

Nissan (NSANY), BMW (BAMXF) and Volkswagen (VWAGY) to popularize electric vehicles in South Africa.

Nissan-BMW to Reach Electric Car Concept to South Africa

Nissan and EVgo said Tuesday they will install another 200 DC fast chargers in the United States to support the growing number of consumers who are buying electric vehicles, including the new Nissan Leaf e+ that came to market earlier this year. The 100 kilowatt DC fast charging stations will have both CHAdeMO and CCS […]

Nissan and EVgo to add 200 fast chargers as more electric vehicles hit U.S. roads

Top executives at Nissan Motor Co  and Renault SA  are trying to reach a deal to reshape their global alliance, in hopes to revive Renault's merger talks with Fiat Chrysler Automobiles NV , the Wall Street Journal reported on Friday, citing emails and people briefed on the discussions.

Nissan wants Renault to reduce its 43.4% stake in company: WSJ

The Japanese car company posted its worst quarter financially since the great recession.

Nissan to slash nearly 10% of its global workforce amid record low profits

Nissan more than doubled its planned job losses and unveiled fresh production cuts after reporting a 99% plunge in earnings.
The post Nissan's Pain Worsens On 99% Profit Plunge, 12,500 Job Cuts appeared first on Investor's Business Daily.

Nissan's Pain Worsens On 99% Profit Plunge, 12,500 Job Cuts

Firm refuses to say where cuts will fall but unions are hopeful for UK’s largest car plant

Nissan to axe 12,500 jobs worldwide but Sunderland appears safe

Japanese car maker Nissan Motor Co  said it is axing 12,500 jobs and warned a quick turnaround in its performance was not imminent after reporting its quarterly profit was nearly wiped out.

Nissan to slash 9% of workforce as first quarter profit nearly wiped out

Nissan Motor Co said on Thursday it would slash 12,500 jobs globally by 2022 and cut output to rein in costs.

Nissan to cut 12,500 jobs as first-quarter profit nearly wiped out

Nissan Motor Co Ltd  warned on Wednesday that first-quarter profit tumbled around 90% percent, a day before it is expected to announce more than 10,000 job cuts as the crisis deepens at Japan's second-largest automaker.

Nissan warns of profit plunge, set to unveil 10,000 job cuts

Japanese carmaker expected to report its worst quarterly results in more than a decade

Fears for Sunderland workers as Nissan plans to shed 10,000 jobs worldwide

Nissan is planning a reduction of more than 10,000 jobs globally as part of its strategy to turn around a struggling business, Kyodo News reported.

Nissan is reportedly set to cut more than 10,000 jobs worldwide

Nissan Motor Co  is planning to cut more than 10,000 jobs globally as part of efforts to turn around its business, a person familiar with the matter said on Wednesday.

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